Malls are, if not back, at least doing alright these days after a Darwinian bloodletting that saw 200 mall closures since 2008. Compared to other real estate, the 900 or so remaining malls are doing rather well; since 2022, the private market value of malls, according to Green Street, is up five percent. Meanwhile, the same statistics for other forms of real estate are down, some slightly (healthcare down seven percent, industrial down eight percent) and some down sharply (offices down 33 percent).
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